Oncology Metrics Launches the National Practice Benchmark: One in a Series of Initiatives to Help Community Oncology Practices Better Measure Operational and Financial Performance

Thursday, February 7, 2008 General News
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DALLAS and FORT WORTH, Texas, Feb. 6 Oncology Metrics, abusiness that develops products and services to help accelerate advancementsin the treatment of cancer, today announced the launch of the first annualNational Practice Benchmark, an initiative to assist community oncologypractices understand critical operating measures.

This benchmark initiative will be open to all community-based oncologypractices nationally. Practices of all size are invited to participate. Thesurvey will be sent to administrators and physicians via e-mail and the datacollected using an online survey instrument, a quick and efficient method forcapturing the data. The survey will take approximately 30 minutes to complete.

The first 200 respondents will be eligible for gift cards ranging from$25.00 to $50.00 and all respondents who complete the survey will be placed ina drawing for a new iPhone from Apple. In addition, respondents will receivean electronic copy of the survey results. The survey results will also besubmitted for publication in a national oncology business journal.

Benchmarking is widely recognized as the best and most efficient way tofind opportunities to improve your practice and monitor progress aftercorrective action is taken. Benchmarks have been used to reduce costs andimprove revenue, and discover new product and service lines that can be usedto make your practice more effective and efficient. Better performingpractices continuously benchmark internally and externally. Tom Barr, COO ofOncology Metrics commented, "If you don't measure, you are just guessing."

Interested practices may contact Oncology Metrics directly to requestparticipation.

About Oncology Metrics

Oncology Metrics is a service and data business for the oncology communitythat develops products and services to help accelerate advancements in thetreatment of cancer. Oncology Metrics has built three distinct networks ofcommunity-based oncology centers from which it gathers financial and operationinformation (Oncology Circle), clinical information (Data Direct), andbiological specimens (Cure Pace). It accesses and aggregates this informationto provide a platform of knowledge-based products and services. Thecornerstone of Oncology Metrics' approach is to promote the discovery andadoption of best practice. Oncology Metric's customers include oncology careproviders and all organizations involved in the quest to improve cancerdiagnosis and treatment.

Oncology Metrics knowledge-based products and services will help providersimprove their financial and clinical performance, industry develop betterproducts and services for oncology professionals, and patients receive moreeffective individualized care.

The Oncology Metrics team is comprised of business and medicalprofessionals with decades of experience in healthcare. Oncology Metrics wasfounded in 2001 and is based in Dallas-Fort Worth, Texas with an office in theSan Francisco Bay Area.

Additional information about Oncology Metrics can be found athttp://www.oncomet.com.

Contact: Warren Dodge at 415-454-1338 or press@oncomet.com

SOURCE Oncology Metrics

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